Zip 77020 (Houston, TX) Housing

The housing market in 77020 Houston, TX is showing strong growth with a median home value of $166,800. This is significantly lower than the United States median value of $338,100, however it has seen a greater appreciation rate over the last year at 11.28%. This is higher than the US average of 8.27%. The current market in Houston is very encouraging for buyers and investors looking for a property in this region.

The median home cost in Houston (zip 77020) is $166,800. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77020) is up 12.8%.

Average Age of Homes

- The median age of Houston (zip 77020) real estate is 59 years old

The Rental Market in Houston (zip 77020)

- Renters make up 44.4% of the Houston (zip 77020) population
- 2.1% of houses and apartments in Houston (zip 77020), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Houston, Texas	United States
	9,996.0	139,647,020.0
	66	42
	$166,800	$338,100
	12.8%	16.6%
	35.3%	57.0%
	93.0%	101.1%
	$15.25	$10.98
	$1,456	$2,690
	44.1%	57.4%
	11.1%	11.2%
	44.7%	31.4%
Vacant Housing
	2.1%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	7.7%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	4.0%	2.4%
	15.5%	2.8%
	19.2%	3.9%
	11.5%	4.5%
	23.6%	11.3%
	7.5%	13.0%
	7.1%	20.1%
	8.0%	13.6%
	0.2%	8.3%
	0.3%	9.7%
	1.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	4.6%	13.6%
	4.2%	13.2%
	6.7%	14.8%
	4.6%	13.6%
	17.1%	10.0%
	22.3%	4.7%
	18.3%	12.2%

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